Tesla Drops Since Elon Musk Sells $5 Billion in Tesla Stocks

MillionaireTiger
2021-11-11

On Saturday, Mr Musk posted a Twitter poll asking his followers to vote on whether he should sell part of his stake in Tesla to meet his tax obligations.

The poll attracted more than 3.5 million votes, with nearly 58% voting in favor of the share sale.

Following the Twitter poll, shares of Tesla slumped more 15% over Monday and Tuesday, before rebounding more than 4% on Wednesday.

According to BBC, Mr Musk's trust sold almost 3.6 million shares in Tesla, worth around $4bn.

He also sold another 934,000 shares for about $1.1bn after exercising options to acquire nearly 2.2 million shares, according to filings with the US stock market regulator.

Do you think this is a good opportunity to get on Musk’s boat? Why?

Share your ideas with us! 

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免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

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评论（443）

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  • Joker_Smile
    ·2021-11-12
    the best opportunity was when it is around $600+. now it is a bit too late. even after musk sells his shares, the price still remain relatively high.
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  • greenhorse绿马
    ·2021-11-12
    ANother wave up before it reverse
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  • Venus_M
    ·2021-11-13
    for a fundamentally sound company like Tesla, it is always good to hop onto it whenever there's a sign of weakness.   For time like this where we don't know where is the bottom as Elon have only sold
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    • Venus_M: 
      37.1% of his shares til date and still has 10.7 million more to sell, best thing for us is to Dollar Cost Average.  Slowly buy a bit at a time spreading across a period to Average out the cost. 
      2021-11-13
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  • mark01bravz
    ·2021-11-13
    patience is a virtue. if Tesla share price can fall by 12% just by Elon musk selling 1.5 million of his shares, then there is carnage ahead where in he still have yet to sell 74% of that 10% stake
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  • Pbrz
    ·2021-11-14
    Don’t bet against the latest MUSKeteer! EVs are on the uptrend as everyone is trying tk jump on the climate-friendly bandwagon, and there seems to be much more in the tank - both for Tesla & industry
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  • koolgal
    ·2021-11-13
    It's a great time to catch the Elon Musk's boat as the tide is low otherwise it will set sail without you.Tesla is the King of EV & more.It is light years ahead of competition & on a growth trajectory
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  • VivianLau
    ·2021-11-11
    I missed when it was $800, now it is definitely a good chance!
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  • Alihuat
    ·2021-11-14
    it may not be a good time.. as the taxes are cmg as welll...
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  • Ken4134
    ·2021-11-13
    A very good move by Elon !
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  • Lifestyle
    ·2021-11-13
    The way i see Elon is telling us i’m giving you my shares at discount now and not miss the boat again. Dont’t whine when it goes to the Mars 🚀🚀🚀
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  • koolgal
    ·2021-11-12
    Let's catch the boat to Tesla's new HQ in Austin Texas & say Hello to Elon Musk!Meanwhile let's load up on Tesla shares to show our love to Elon Musk! In Tesla We Trust!It's gonna be a great Boat Ride
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  • Lifestyle
    ·2021-11-11
    The only strategy for Tesla is to buy, hold and Dollar Cost Average. Simple and most effective way to grow your money. In this journey It’s going fo exciting and emotional ride 🚀🚀🚀
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  • koolgal
    ·2021-11-15
    Tesla is the King of EVs & more! It is at the forefront of the latest EV technology & design & profitable too! Best time to buy is NOW on dip & watch it grow exponentially long term. Go Tesla! 🚀🚀🚀
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  • koolgal
    ·2021-11-12
    If you believe in Tesla & what it stands for-innovation & design, NOW is the best time to buy Tesla, the King of EVs & more! No other EV company comes close to the sheer power of Tesla! Go Tesla!
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  • KYHBKO
    ·2021-11-11
    a good company with great potential that helps us with sustainable innovations
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  • Skai
    ·2021-11-13
    Wait for a couple of days and buy the dip!
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  • kees
    ·2021-11-13
    Cool
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  • WoYaoHuat
    ·2021-11-13
    Shit
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  • Khawpuccino
    ·2021-11-12
    too late
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  • AliceSam
    ·2021-11-11
    😂
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